NLNG, NCDMB commit $9m to research in six varsities
The Nigeria LNG and NCDMB have launched a $9m professorial chair endowment programme for six Nigerian universities to develop commercially viable solutions Read More: https://punchng.com/nlng-ncdmb-commit-9m-to-research-in-six-varsities/
The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited (NLNG) have jointly launched a $9 million professorial chair endowment programme for six Nigerian universities. The aim is to develop commercially viable solutions to industry challenges, strengthen local research capacity, and promote technological innovation.
Each university will receive $1.5 million to establish a specialized professorial chair focused on agreed industry research priorities. NLNG Managing Director and CEO, Adeleye Falade, emphasized the importance of collaboration among government, industry, and academia in addressing evolving technology and energy system requirements.
The initiative, overseen by NCDMB's Planning, Research and Statistics Directorate, will support research in critical areas such as operational efficiency, emissions management, safety, infrastructure maintenance, and sustainability. Falade also highlighted opportunities for a "triple helix" approach involving government, industry, and academia, and encouraged the beneficiary institutions to leverage the endowments for research partnerships, additional funding, and intellectual property commercialization.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
